During FY05, the Maine Humanities Council had operating income of $1,946,442 and operating expenses of $1,848,147. The Council has never incurred an operating deficit.
Over the past decade the Council’s income sources have become increasingly diversified. As recently as 1995, nearly all of its resources came from the National Endowment for the Humanities, a federal agency. While grants from the NEH still comprise about one-third of the Council’s budget, this support has been supplemented by a diverse range of other income streams, from the individual contributions highlighted elsewhere in this report, to program income, and support from private foundations. Both the income and expense figures reported here include in-kind contributions of time, mileage and materials valued at $276,692.
Grant and Program Activity